Singapore  Singapore

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Listing ID: 4371 Last Refreshed: 26/05/2019 Total Views: 9901

Nail Spa Business For Sale (Tampines Central)

Ang Mo Kio

Asking Price: S$35,000
  • Premise Type N/A Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue N/A Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Peter Wan Dream Centre Business Brokerage Pte Ltd
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Reason For Sale

Other commitments

Description

Nail Spa biz for sale - 

πŸ’½ In a shopping mall @ Tampines Central

 

πŸ’½ Established in 2000


πŸ’½ Franchise about 3.5 years ago 

πŸ‘‰πŸΌ 2 year yearly agreement

πŸ‘‰πŸΌ 6% franchise royalty

πŸ‘‰πŸΌ franchise agreement ends in May 2018

πŸ‘‰πŸΌ up to new biz owner whether to renew the franchise agreement 


πŸ’½ Shop rental about $6,500 

(inclusive of GST) + 0.8% GTO


πŸ’½ Shop about 302sf


πŸ’½ Chairs :

πŸ‘‰πŸΌ 3 pedicure chairs

πŸ‘‰πŸΌ 3 manicure chairs


πŸ’½ Estimated monthly nett profit :

πŸ‘‰πŸΌ $12-$13K (2015)

πŸ‘‰πŸΌ $10K (2016)

πŸ‘‰πŸΌ $$7K (2017)


πŸ’½ Packages :

πŸ‘‰πŸΌ most within 6 months 

πŸ‘‰πŸΌ usually in sessions - about 6 - 12 sessions 

πŸ‘‰πŸΌ about $400 -$800


πŸ’½ Purely nail spa


πŸ’½ Full time staff :

πŸ‘‰πŸΌ 4

πŸ‘‰πŸΌ 1 Singaporean 

πŸ‘‰πŸΌ 3 Malaysians 

(work permit)


πŸ’½ Owner’s involvement in biz :

Very minimal 


πŸ’½ Reason for selling :

πŸ‘‰πŸΌ partnership separate 


πŸ’½ Asking $35K negotiable

πŸ‘‰πŸΌ Not inclusive of rental deposit (About $20K)


Pls contact/sms/what’s app :Peter Wan@ 91000070


Thank you & blessed day 

Peter Wan 

Dream Centre


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